For Immediate Release
Chicago, IL – March 26, 2019 - Stocks in this week’s article are Columbia Sportswear Company COLM, Robert Half International Inc. RHI, Caseys General Stores Inc. CASY, LPL Financial Holdings Inc. LPLA and SS&C Technologies Holdings Inc. SSNC.
Excellent Dividend Growth Stocks to Buy Now
The return of volatility with the escalation of global growth concerns and the risk of recession in the United States has raised the appeal for dividend growth stocks. This is because dividend-paying securities are the major sources of consistent income when returns from the equity market are at risk.
While there are several dividend stocks that could provide capital appreciation, zeroing in on the stocks that not only pay dividends but also consistently increase the payout ratio could be some excellent choices.
Dividend Growth: A Winning Strategy
Stocks that have a strong history of dividend growth belong to mature companies, which are less susceptible to large swings in the market, and thus act as a hedge against economic or political uncertainty as well as stock market volatility. At the same time, these offer downside protection with their consistent increase in payouts.
Additionally, these stocks have superior fundamentals that make dividend growth a quality and promising investment for the long term. These include a sustainable business model, a long track of profitability, rising cash flows, good liquidity, a strong balance sheet and some value characteristics. Further, a history of strong dividend growth indicates that dividend increase is likely in the future.
Moreover, a history of dividend growth year over year leads to a healthy portfolio with a greater scope of capital appreciation as opposed to simple dividend paying stocks or those with high yields. Although these stocks do not necessarily have the highest yields, they have outperformed for a longer period than the broader stock market or any other dividend-paying stock.
For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/364113/6-excellent-dividend-growth-stocks-to-buy-now
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LPL Financial Holdings Inc. (LPLA) : Free Stock Analysis Report
SS&C Technologies Holdings, Inc. (SSNC) : Free Stock Analysis Report
Caseys General Stores, Inc. (CASY) : Free Stock Analysis Report
Columbia Sportswear Company (COLM) : Free Stock Analysis Report
Robert Half International Inc. (RHI) : Free Stock Analysis Report
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